Bingham County, Idaho
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Bingham County Compares
Detailed Income Statistics
Income Advisory: Bingham County
Income Verdict
Bingham County has a median household income of $76,842 and per capita income of $31,676 — a gap of $45,166, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $845/month and a median household income of $76,842, rent consumes approximately 13.2% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $76,842 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $31,676 is in line with national norms for individual earners.
Neighbor Context
Bingham County earns approximately 16.8% above the Idaho state median household income of $65,770, positioning it favorably within the state.
Data Story
About Household Income in Bingham County, Idaho
Bingham County nearly matches national earnings
At $76,842, Bingham County's median household income comes within 3% of the U.S. median of $74,755. The county's diverse economy—anchored by agriculture, energy, and services—supports near-national earning levels.
Bingham ranks above Idaho's average income
Bingham County's $76,842 median household income exceeds Idaho's state average of $65,770 by nearly $11,100. The county's economic diversity and role in regional commerce place it in Idaho's upper-income tier.
Bingham competitive with Boise County
Bingham County's $76,842 income closely rivals Boise County's $77,349, though both pale before Ada County's $88,907. The two counties share similar economic structures balancing resource extraction, services, and small manufacturing.
Strong housing affordability in Bingham
At 13.2%, Bingham County's rent-to-income ratio ranks among the state's best, with median homes priced at $258,000. The combination of solid incomes and affordable housing creates favorable conditions for financial stability.
Build wealth through strategic investing
Bingham County's competitive incomes and affordable housing position residents well for wealth building through 401(k)s, IRAs, and taxable investment accounts. Consider diversifying beyond home equity through regular stock market contributions to accelerate long-term wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Bingham County median
County median: $76,842 per year
vs. County Median
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vs. State Average
+17%
vs. National Median
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Income Adequacy
Your monthly income ($6,404) vs. median rent ($845/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.